Mises Daily

Nearly all of us passed through a limited-government — or “minarchist” — period, and it simply never occurred to us to examine our premises closely.

This variety of Cannabis sativa has a low or undetectable concentration of THC and does not produce a “high” or have any known medical uses.

Voltaire once said, “Paper money eventually returns to its intrinsic value — zero.”

Nafta is a big business trade deal. It is part of a long campaign to integrate and cartelize government in order to entrench the interventionist mixed economy.

Venezuela illustrates Mises’s argument that economic intervention, if unchecked, leads to socialism.
 

Somewhere around 1980, debt began climbing far faster than GDP. It is simply not possible to grow your debts faster than your income forever.

A few days after the victory of Cristina Fernandez de Kirchner in Argentina the government imposed foreign exchange controls.

The Obama administration inserted language into the 2012 fiscal cliff bill that enabled GE to avoid paying much federal income tax.

Far from being creatures that can “save” an economy, the Debt and Inflation Fairies are the architects of economic disaster.

An average-earning male retires in 2010 and gets $277,000 in lifetime benefits, $23,000 less than his lifetime taxes.